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Last updated: April 19, 2024
Operations Officer Trust Department Salary
This page is a promotion for ERI’s Assessor Series and is not intended for professional use.
Professionals should subscribe to ERI’s Assessor Series.
$120,866 (USD)
Average Salary
$58/hr
Average Hourly
$14,117
Average Bonus
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Last updated: April 19, 2024
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Salary Recap
The average pay for an Operations Officer Trust Department is $120,866 a year and $58 an hour in the United States. The average salary range for an Operations Officer Trust Department is between $77,838 and $185,772. On average, a Bachelor's Degree is the highest level of education for an Operations Officer Trust Department. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the the United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$135,765
5 Year Change:
12 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by $5.81/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
Learn how shift differential pay works with ERI.
This role may have pay shift differentials that could affect total compensation.
Utilize ERI's signature shift differential data to calculate pay for night shifts, day shifts, and swing shifts and benchmark compensation with confidence. With our robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information.
Learn how ERI can help determine shift differential rates for multiple employees.
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About the United States
United States Cost of Living Score:
Description:
The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America. It is a federation of 50 states, a federal capital district (Washington, D.C.), and 326 Indian reservations. Outside the union of states, it asserts sovereignty over five major unincorporated island territories and various uninhabited islands. The country has the world's third-largest land area, second-largest exclusive economic zone, and third-largest population, exceeding 334 million.
Paleo-Indians migrated across the Bering land bridge more than 12,000 years...
Job Summary
Description:
- Supervises and coordinates activities of personnel involved in performing internal operations in department or branch office of financial institution: prepares work schedules and assigns duties to operations personnel to ensure efficient operation of department or branch.
- Audits accounts, records of proof, and certifications to ensure compliance of workers with established standard procedures and practices.
- Compiles required and special reports on operating functions of department or branch.
- Interviews, selects, and hires new employees.
- Directs employee training to improve efficiency and ensure conformance with standard procedures and practices.
- Verifies workers' count of incoming cash shipments.
- Controls supply of money on hand to meet branch's daily needs and legal requirements.
- Conducts staff meetings of operations personnel, or confers with subordinate personnel to discuss operational problems or explain procedural changes or practices.
- May be designated according to type of financial operations supervised as operations officer, branch office; operations officer, trust department.
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Salary Recap
The average pay for an Operations Officer Trust Department is $120,866 a year and $58 an hour in the United States. The average salary range for an Operations Officer Trust Department is between $77,838 and $185,772. On average, a Bachelor's Degree is the highest level of education for an Operations Officer Trust Department. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the the United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Operations Officer Trust Department Job Prevalence in the United States
Job family: General and Operations Managers
Job family population: 3,376,680
Estimated population of Operations Officer Trust Department jobs: 157,590
Rate of error: 0.3%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About the United States
United States Cost of Living Score:
Description:
The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America. It is a federation of 50 states, a federal capital district (Washington, D.C.), and 326 Indian reservations. Outside the union of states, it asserts sovereignty over five major unincorporated island territories and various uninhabited islands. The country has the world's third-largest land area, second-largest exclusive economic zone, and third-largest population, exceeding 334 million.
Paleo-Indians migrated across the Bering land bridge more than 12,000 years...
Job Summary
Description:
- Supervises and coordinates activities of personnel involved in performing internal operations in department or branch office of financial institution: prepares work schedules and assigns duties to operations personnel to ensure efficient operation of department or branch.
- Audits accounts, records of proof, and certifications to ensure compliance of workers with established standard procedures and practices.
- Compiles required and special reports on operating functions of department or branch.
- Interviews, selects, and hires new employees.
- Directs employee training to improve efficiency and ensure conformance with standard procedures and practices.
- Verifies workers' count of incoming cash shipments.
- Controls supply of money on hand to meet branch's daily needs and legal requirements.
- Conducts staff meetings of operations personnel, or confers with subordinate personnel to discuss operational problems or explain procedural changes or practices.
- May be designated according to type of financial operations supervised as operations officer, branch office; operations officer, trust department.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More